this post was submitted on 16 Jan 2024
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A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition.

The Justice Department sued to block the merger, saying it would drive up fares by eliminating Spirit, the nation’s biggest low-cost airline.

JetBlue argued that the deal would help consumers by making JetBlue a stronger competitor against bigger rivals that dominate the U.S. air-travel market.

U.S. District Judge William Young, who presided over a non-jury trial last year, said in the ruling Tuesday that the government had proven that the merger “would substantially lessen competition” and violated a century-old antitrust law.

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[–] reddig33@lemmy.world 47 points 10 months ago (1 children)

Good. Now do Albertsons and Kroger.

[–] hglman@lemmy.ml 14 points 10 months ago

That will be much worse for people .

[–] AshMan85@lemmy.world 24 points 10 months ago (1 children)

Bet it wouldn't be blocked if AA or delta was trying to buy

[–] bobs_monkey@lemm.ee 16 points 10 months ago

My thoughts exactly. United as well. JetBlue isn't big enough to fly past antitrust regulations (pun intended).

[–] mlg@lemmy.world 13 points 10 months ago (2 children)

Government when Delta buys out all its competitors on the east coast and makes every airport its ~~*****~~ hub: :D

Government when Jetblue tries to buy the second worse quality airline with a webpage that runs on some crappy Orcale DB and is exclusively marketed in highlighter paint bucket yellow: >:(

[–] partial_accumen@lemmy.world 7 points 10 months ago

Spirit and Frontier are head to head competitors in their space. Coming in pretty far behind is Allegiant.

Removing Spirit would remove nearly all pricing competition in that market segment.

[–] Ranvier@sopuli.xyz 3 points 10 months ago

Hey I'm just happy someone is stopping the airlines from consolidating even further. Rare victory. But to answer your question the Biden admin has been more aggressive about using anti trust law to stop big mergers that would reduce competition. Unfortunately not always successfully, up to the judge to rule in the end.

[–] Blackout@kbin.social 4 points 10 months ago (3 children)

I hope spirit doesn't take it out on me when I fly them tomorrow 😬

[–] Gork@lemm.ee 11 points 10 months ago (1 children)

They're Spirit Airlines though. When don't they take it out on you?

[–] gregorum@lemm.ee 1 points 10 months ago* (last edited 10 months ago)

I mean, of course they will. They’re flying spirit airlines.

[–] TransplantedSconie@lemm.ee 4 points 10 months ago

knuckles cracking

[–] son_named_bort@lemmy.world 2 points 10 months ago

They would even if the merger went through.

[–] SuiXi3D@kbin.social 3 points 10 months ago

It’s a race to the bottom and we all lose.